Mandeep Auto Industries IPO Subscription Details

Fixed Price IPO | ₹25 Cr | Listed at NSE SME | Mon, May 13, 2024 - Wed, May 15, 2024

Basis of Allotment - Mandeep Auto Industries IPO

Details NII Retail Total
Allocation (No. of shares)17,88,00017,90,00035,78,000
Allotment price (Rs.)676767
No.of applications10,19180,40590,596
No.of shares applied10,94,64,00016,08,10,00027,02,74,000
Amount collected (Rs.cr.)733.41 1,077.43 1,810.84
No.of times subscribed61.2289.8475.54
No.of shares allotted14,48,00021,30,00035,78,000
Amount (Rs.cr.)9.70 14.27 23.97
No.of allottees6451,0651,710

IPO Shares Offered

Mandeep Auto Industries IPO is a public issue of 0.36 Cr equity shares. The issue offers 0.18 Cr shares to retail investors , 0.18 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,90,0001.27 5.04%
Other* 17,88,00011.98 47.45%
Retail17,90,00011.99 47.51%
Total37,68,00025.25 100%

IPO Subscription FAQs

The Mandeep Auto Industries IPO is subscribed 77.23 times by May 15, 2024 18:19.

Mandeep Auto Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional61.54
Retail Individual90.57
Total Subscription77.23

Retail category of Mandeep Auto Industries IPO subscribed 90.57 times as of date May 15, 2024 18:19. The public issue closes on Wed, May 15, 2024 for bidding.

An investor can apply in Mandeep Auto Industries IPO online via bank (using ASBA) or the broker (using UPI). The Mandeep Auto Industries IPO shares are offered online only.

The Mandeep Auto Industries IPO is subscribed 77.23 times by May 15, 2024 18:19.

The Mandeep Auto Industries IPO allotment status is expected on or around Thursday, May 16, 2024. Visit Mandeep Auto Industries IPO allotment status to check.

The Mandeep Auto Industries IPO listing date is May 21, 2024. The equity share of Mandeep Auto Industries IPO will list on NSE SME.

Visit Mandeep Auto Industries IPO subscription status page for real-time bidding information about Mandeep Auto Industries IPO.

Mandeep Auto Industries IPO Timetable

IPO opens OnMonday, May 13, 2024
IPO Closes OnWednesday, May 15, 2024
Finalisation of Basis of AllotmentThursday, May 16, 2024
Initiation of RefundsFriday, May 17, 2024
Credit of Shares to Demat AccountFriday, May 17, 2024
IPO Listing DateTuesday, May 21, 2024
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